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I'm all for it. NAFTA destroyed a major portion of American manufacturing. Some companies are returning once they found out cheap labor is no good when they don't come to work
Tariffs: The Taxes That Made America Great
Posted from ammoland.com
Economics
Taxes
World Affairs
Posted >1 y ago
Responses: 3
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Yeah tell that to the soybean farmers that are suffering due to Pres Bone spurs LIE that China will foot the bill and suffer the most. Just last year he promised to bail out farmers for $12 billion due to his senseless tariff war, now yet again his proposing billions to farmers from what I understand according to Republicans is a form socialism correct?
His cult believe everything he spews out of his pie hole without fact checking
His cult believe everything he spews out of his pie hole without fact checking
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I have no problem with tariffs, as the article says it puts the cheap chinese crap on the same level as the rest of the world. What people do not seem to understand the Chinese government subsidizes many of their industries, in some cases it is just to keep their populace working in other cases they subsidize a particular industry driving down prices trying to put other nations industries out of business which would eventually leave only Chinese companies and then they would raise the price since they would have no competition.
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SSG (Join to see)
I don't think the tax cuts that some companies get amounts to near as much as some of the chinese subsidies. Back in 2015 China basically paid its aluminum smelters their entire cost of production, and flooded the market with aluminum trying to collapse the global market and force other countries smelters to close and it almost worked.
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SSG Gerhard S.
MAJ Eugene Chu - Respectfully, Corporate tax cuts are not subsidies. Taking less than you were going to take, isn't "giving" corporations anything. We'd all be better off if we didn't tax the incomes of corporations at all. Those tax liabilities are passed onto the consumer in the form of higher prices. Sadly, those taxes collected then go to the least efficient use possible, i.e. into the inefficient, ineffective, lumbering, and overly bloated government sink hole. For the record, I don't think the incomes of individuals should be taxed either. We primarily funded our government mostly on low, general tariffs prior to 1913 without punishing the productiveness of individuals, and corporations alike. The income tax is inherently destructive and should be replaced with a general tax, or a sales tax that does not punish production.
Respectful regards.
Respectful regards.
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